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The reason we write specifically about buying ABSA repossessed cars from the bank repo auctions in South Africa is simply because they are the country's largest financial service provider and have more repossessions available for sale to the public than most other registered institutions.
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For those of you who are looking to capitalise on this situation, then visit www.absa.co.za as there is a list of their repo cars available on their website. Online car portals are also a great source of repossessed cars in South Africa as they realise that consumers are afraid of purchasing repo cars…
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Credit Protection: [email protected] The benefit of buying a repossessed vehicle at an auction is that cars are offered at wholesale prices and you can get a fantastic deal if you have done your homework before bidding.
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ABSA Repossessed Houses, also known as a ABSA property in possession, is a cancelled home loan agreement. The bank has have to repossessed the property as a result of the previous owners not being able to pay off the full outstanding home loan amount.
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